Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061357 | Economics Letters | 2010 | 4 Pages |
Abstract
This paper utilizes an equilibrium search model to investigate market structure and price dispersion. In a market with one large firm and a competitive fringe, the large firm offers the highest price. Fringe firms offer a distribution of lower prices.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Ken Burdett, Eric Smith,